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#6
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| William Brenner wrote: - quote - > A belated check of Pub 17 indicates that the federal $250
Yes, that is right! The party the NEA supports has a> deduction was renewed for 2004. Probably thanks to the NEA. minority in the House and Senate. See how your dues helps you. -- Frederick E. Jorden http://Tax-Accounting-Payroll.com 7825 Midlothian Tpk - 207 Richmond, VA 23235-5247 EMAIL knowtax[at]bigfoot.com (804) 320-6210 FAX (804) 320-6211 << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#5
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| Nan, EA in LA wrote: - quote - > We do 600+ returns including maybe 75% teachers. In the
I'm not sure what you are referring to. The educator> last couple of weeks clients from 3 local LA districts plus > a USC professor have reported "hearing" (including a report > of an email going around) that "the governor" has eliminated > all classroom deductions from tuition to supplies. One > teacher reported she simply hadn't kept her receipts (which > usually run $500 to $800 spent on her students) because she > was told they didn't count any more. > I'm furious and trying to track down the source. > That last example is not a person who would understand that > EBE is regulated by the Feds, not the state, but that > doesn't excuse the source that started this. > Anyone else hear anything similar? expense deduction never has existed in CA as CA never conformed to the federal law that implemented the $250 deduction. CA law does conform to federal law on unreimbursed employee job expenses. No adjustment is required on the CA return for this type of misc. itemized deduction. There has always been debate on whether the supplies a teacher provides and pays for is deductible as an itemized misc. deduction. I will merely say that is always a matter of facts and circumstances. Our Gov. has no authority to unilaterally change the CA Revenue Code. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#4
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| jbjr[at]webtv.net (William Brenner) wrote: - quote - > A belated check of Pub 17 indicates that the federal $250
Actually, it was probably thanks to a law passed in October> deduction was renewed for 2004. Probably thanks to the NEA. by a body of which many were seeking re-election in November. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#3
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| We now have in place a tax rule, in Georgia, whereby educators (teachers apparently) can get an additional $250 credit for expenses since it was believed that this did not have any effect on your state tax. Didn't someone in our state legislature read a 1040 to see that the federal amount comes off the AGI, which is *then* used to computer your state taxable income. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#2
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| A belated check of Pub 17 indicates that the federal $250 deduction was renewed for 2004. Probably thanks to the NEA. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#1
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| Nan, EA in LA wrote: - quote - > We do 600+ returns including maybe 75% teachers. In the
Yes, even I in LA have heard something similar Over on the> last couple of weeks clients from 3 local LA districts plus > a USC professor have reported "hearing" (including a report > of an email going around) that "the governor" has eliminated > all classroom deductions from tuition to supplies. One > teacher reported she simply hadn't kept her receipts (which > usually run $500 to $800 spent on her students) because she > was told they didn't count any more. > I'm furious and trying to track down the source. > That last example is not a person who would understand that > EBE is regulated by the Feds, not the state, but that > doesn't excuse the source that started this. > Anyone else hear anything similar? NAEA web board to be exact. This relates only to the Kahleee fornya returns and not federal. ChEAr$$$, Harlan Lunsford, EA n LA 11 Apr 2005 4 days and counting...... down.....\ << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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| It appears that, unless they have been reinstated, the rumor might be true for both California and federal returns: http://www.commondreams.org/cgi-bin/...04/0915-24.htm A Google search for "teacher supply tax deduction" (without quotation marks) will reveal other references. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#-1
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| We do 600+ returns including maybe 75% teachers. In the last couple of weeks clients from 3 local LA districts plus a USC professor have reported "hearing" (including a report of an email going around) that "the governor" has eliminated all classroom deductions from tuition to supplies. One teacher reported she simply hadn't kept her receipts (which usually run $500 to $800 spent on her students) because she was told they didn't count any more. I'm furious and trying to track down the source. That last example is not a person who would understand that EBE is regulated by the Feds, not the state, but that doesn't excuse the source that started this. Anyone else hear anything similar? Nan, EA in LA << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
| Tags |
| deductions, educational, harmful, rumor |
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